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Consumer Loans Receivable (Tables) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Apr. 02, 2016 | Dec. 31, 2016
Receivables [Abstract] |  |
Consumer Loans Receivable |  | The following table summarizes consumer loans receivable (in thousands):
| December 31, 2016 |  | April 2, 2016
Loans held for investment (acquired on Palm Harbor Acquisition Date) | $ | 62,705 |  |  | $ | 68,951 |
Loans held for investment (originated after Palm Harbor Acquisition Date) | 8,826 |  |  | 6,120 |
Loans held for sale | 17,459 |  |  | 8,765 |
Construction advances | 7,512 |  |  | 6,566 |
Consumer loans receivable | 96,502 |  |  | 90,402 |
Deferred financing fees and other, net | (1,348 | ) |  | (844 | )
Consumer loans receivable, net | $ | 95,154 |  |  | $ | 89,558 |
Acquired Consumer Loans Receivable Held for Investment |  |
| December 31, 2016 |  | April 2, 2016
| (in thousands)
Consumer loans receivable held for investment – contractual amount | $ | 148,999 |  |  | $ | 166,793 |
Purchase discount |  |  |
Accretable | (58,938 | ) |  | (69,053 | )
Non-accretable | (27,166 | ) |  | (28,536 | )
Less consumer loans receivable reclassified as other assets | (190 | ) |  | (253 | )
Total acquired consumer loans receivable held for investment, net | $ | 62,705 |  |  | $ | 68,951 |
Accretable Yield Movement on Acquired Consumer Loans Receivable |  | The changes in accretable yield on acquired consumer loans receivable held for investment were as follows (in thousands):
| Three Months Ended |  | Nine Months Ended
| December 31, 2016 |  | December 26, 2015 |  | December 31, 2016 |  | December 26, 2015
Balance at the beginning of the period | $ | 62,209 |  |  | $ | 70,450 |  |  | $ | 69,053 |  |  | $ | 73,202 |
Accretion | (2,399 | ) |  | (2,692 | ) |  | (7,363 | ) |  | (8,128 | )
Reclassifications (to) from non-accretable discount | (872 | ) |  | (134 | ) |  | (2,752 | ) |  | 2,550 |
Balance at the end of the period | $ | 58,938 |  |  | $ | 67,624 |  |  | $ | 58,938 |  |  | $ | 67,624 |
Gross Consumer Loans Receivable by Portfolio Segment and Credit Risk Score |
| April 2, 2016
| Consumer Loans Held for Investment |  |  |  |  |  |
| Securitized 2005 |  | Securitized 2007 |  | Unsecuritized |  | Construction Advances |  | Consumer Loans Held For Sale |  | Total
Asset Class |  |  |  |  |  |  |  |  |  |  |
Credit Quality Indicator (FICO® score) |  |  |  |  |  |  |  |
Chattel loans |  |  |  |  |  |  |  |  |  |  |
0-619 | $ | 776 |  |  | $ | 543 |  |  | $ | 336 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,655 |
620-719 | 13,139 |  |  | 9,100 |  |  | 3,683 |  |  | — |  |  | 96 |  |  | 26,018 |
720+ | 14,751 |  |  | 9,409 |  |  | 2,324 |  |  | — |  |  | 215 |  |  | 26,699 |
Other | 55 |  |  | — |  |  | 447 |  |  | — |  |  | — |  |  | 502 |
Subtotal | 28,721 |  |  | 19,052 |  |  | 6,790 |  |  | — |  |  | 311 |  |  | 54,874 |
Conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | — |  |  | — |  |  | 164 |  |  | 95 |  |  | 171 |  |  | 430 |
620-719 | — |  |  | — |  |  | 1,428 |  |  | 3,355 |  |  | 5,847 |  |  | 10,630 |
720+ | — |  |  | — |  |  | 320 |  |  | 3,116 |  |  | 2,436 |  |  | 5,872 |
Subtotal | — |  |  | — |  |  | 1,912 |  |  | 6,566 |  |  | 8,454 |  |  | 16,932 |
Non-conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | 88 |  |  | 585 |  |  | 1,392 |  |  | — |  |  | — |  |  | 2,065 |
620-719 | 1,365 |  |  | 5,290 |  |  | 3,664 |  |  | — |  |  | — |  |  | 10,319 |
720+ | 1,684 |  |  | 3,382 |  |  | 826 |  |  | — |  |  | — |  |  | 5,892 |
Other | — |  |  | — |  |  | 307 |  |  | — |  |  | — |  |  | 307 |
Subtotal | 3,137 |  |  | 9,257 |  |  | 6,189 |  |  | — |  |  | — |  |  | 18,583 |
Other loans |  |  |  |  |  |  |  |  |  |  |
Subtotal | — |  |  | — |  |  | 13 |  |  | — |  |  | — |  |  | 13 |
| $ | 31,858 |  |  | $ | 28,309 |  |  | $ | 14,904 |  |  | $ | 6,566 |  |  | $ | 8,765 |  |  | $ | 90,402 |
| The following table disaggregates CountryPlace's gross consumer loans receivable for each class by portfolio segment and credit quality indicator as of the time of origination (in thousands):
December 31, 2016
| Consumer Loans Held for Investment |  |  |  |  |  |
| Securitized 2005 |  | Securitized 2007 |  | Unsecuritized |  | Construction Advances |  | Consumer Loans Held For Sale |  | Total
Asset Class |  |  |  |  |  |  |  |  |  |  |
Credit Quality Indicator (FICO® score) |  |  |  |  |  |  |  |
Chattel loans |  |  |  |  |  |  |  |  |  |  |
0-619 | $ | 725 |  |  | $ | 467 |  |  | $ | 309 |  |  | $ | — |  |  | $ | 39 |  |  | $ | 1,540 |
620-719 | 12,070 |  |  | 8,307 |  |  | 4,513 |  |  | — |  |  | 633 |  |  | 25,523 |
720+ | 13,179 |  |  | 8,257 |  |  | 3,660 |  |  | — |  |  | 1,968 |  |  | 27,064 |
Other | 52 |  |  | — |  |  | 437 |  |  | — |  |  | — |  |  | 489 |
Subtotal | 26,026 |  |  | 17,031 |  |  | 8,919 |  |  | — |  |  | 2,640 |  |  | 54,616 |
Conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | — |  |  | — |  |  | 162 |  |  | — |  |  | 299 |  |  | 461 |
620-719 | — |  |  | — |  |  | 1,966 |  |  | 5,050 |  |  | 9,801 |  |  | 16,817 |
720+ | — |  |  | — |  |  | 248 |  |  | 2,462 |  |  | 4,719 |  |  | 7,429 |
Subtotal | — |  |  | — |  |  | 2,376 |  |  | 7,512 |  |  | 14,819 |  |  | 24,707 |
Non-conforming mortgages |  |  |  |  |  |  |  |  |  |
0-619 | 86 |  |  | 487 |  |  | 1,345 |  |  | — |  |  | — |  |  | 1,918 |
620-719 | 1,321 |  |  | 4,996 |  |  | 3,451 |  |  | — |  |  | — |  |  | 9,768 |
720+ | 1,612 |  |  | 3,077 |  |  | 489 |  |  | — |  |  | — |  |  | 5,178 |
Other | — |  |  | — |  |  | 303 |  |  | — |  |  | — |  |  | 303 |
Subtotal | 3,019 |  |  | 8,560 |  |  | 5,588 |  |  | — |  |  | — |  |  | 17,167 |
Other loans |  |  |  |  |  |  |  |  |  |
Subtotal | — |  |  | — |  |  | 12 |  |  | — |  |  | — |  |  | 12 |
| $ | 29,045 |  |  | $ | 25,591 |  |  | $ | 16,895 |  |  | $ | 7,512 |  |  | $ | 17,459 |  |  | $ | 96,502 |
Loans and Leases Receivable, Other Information |  | The weighted averages of assumptions used in the calculation of expected cash flows to be collected are as follows:
| December 31, 2016 |  | April 2, 2016
Prepayment rate | 13.7 | % |  | 13.0 | %
Default rate | 1.1 | % |  | 1.0 | %
Assuming there was a 1% unfavorable variation from the expected level, for each key assumption, the expected cash flows for the life of the portfolio, as of December 31, 2016, would decrease by approximately $1.2 million and $5.0 million for the expected prepayment rate and expected default rate, respectively.

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- Definition Schedule of acquired consumer loans receivable held for investment accretable yield. + References No definition available. + Details
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- Definition Summary of gross consumer loans receivable by portfolio segment and credit quality indicator. + References No definition available. + Details
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- Definition Tabular disclosure of the reconciliation of contractual cash flows to the carrying amount relating to certain loans acquired in a transfer. + References No definition available. + Details
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- Definition Describes matters pertaining to loans not reflected elsewhere. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (7) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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